PREVIEW: Vail Resorts dips; lower tourism seen impacting rev

Vail Resorts

09/03/2026 16:32

** Shares of Vail Resorts MTN.N falling 3.2% on Mon ahead of qtrly results after the bell, with focus on impact from lower international tourism

** Analysts expect the ski resort operator to post a 2% drop in qtrly rev to $1.11 bln and adj EPS of $6.10, down from $6.56 yr-ago, per LSEG

** MTN's results could be impacted by lower tourism, including Canadians boycotting travel to the U.S. following President Donald Trump's trade war

** Stock recently at 19 times fwd earnings, below its five-year avg of 27, suggesting potential undervaluation

** Including move on Mon, stock has climbed ~1% YTD, outperforming the S&P 500's .SPX 2.0% decline

** Of 12 analysts covering the stock, five rate it 'buy' or 'strong buy' and six rate it 'hold', and one analyst recommends 'sell'; median PT is $167 vs most recent price of $134.36

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))